Inman

Black Knight HPI Report: California

Francesco Cantone / iStock.com

According to the Black Knight HPI, home prices in the U.S. increased by 5.5 percent annually and 0.1 percent on a monthly basis in September. Using repeat sales data from the nation’s largest public records data set and Black Knight’s market-leading loan-level mortgage performance data, the HPI found New York to have lead the pack in gains for the third consecutive month.

San Francisco was one of eight out of 40 metros that saw a new peak in September.